Abstract

Self-organization of agglomeration patterns for economic models in a two-dimensional economic space is studied from a multi-disciplinary viewpoint of new economic geography, central place theory, and bifurcation theory. Emergence of hexagonal distributions of various sizes in a homogeneous space is predicted theoretically for core–periphery models. The existence of hexagonal distributions as stable equilibria is demonstrated by a comparative static analysis with respect to transport costs for specific core–periphery models. These distributions are the ones envisaged by central place theory and also inferred to emerge by Krugman (1996) for a core–periphery model in two dimensions.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.